"TURKEY MOVES TO POSITION ITSELF AS A STRATEGIC TRANSIT CORRIDOR FOR CASPIAN HYDROCARBONS By John C.k. Daly Friday, August 17, 2007 On July 14 Turkey signed a Memorandum of Understanding with Iran related to gas and oil transit and joint energy investments. Turkish Energy Minister Hilmi Guler and a team of officials are currently in Tehran meeting with Hojjatollah Ghanimifard, international affairs director of the state-owned National Oil Company (Zaman, August 13). The two sides also agreed to increase their cooperation in electricity production and in the construction of natural gas power stations (Iran Press TV, August 13). On August 19 Turkish Energy Minister Hilmi Güler will make an official visit to Tehran, during which he is expected to sign a deal on electricity generation (NTV, August 13)."
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